DZ20230201

Financials

*Premier Li Keqiang said during investigation in PBoC and State Administration of Foreign Exchange that financial system shall better serve the real economy with a basket of policies in stabilizing economy to be implemented. Financial supports on expansion of domestic demand and structural optimization to be enhanced with financing environment of private small micro firms to be improved. Financial risk will be prevented and resolved. RMB exchange rate will maintain basic stability at reasonable equilibrium level.

 

*MoC emphasized to 1) prioritize consumption recovery and expansion; 2) stabilize scale and improve structure of foreign trade; 3) better attract and use of foreign capital; 4) cultivate new growth point of international business cooperation; 5) deepen cooperation of bilateral economic and trade cooperation; 6) improve ability in maintaining economic safety.

*Meeting in review of 3-year action plan on reform of state-owned enterprises was held which suggested major tasks set have been completed with reform to be further promoted focusing on improving core competitiveness and functions.

 

Industrial Economy

*As disclosed by local banks and several regions have adjusted down mortgage rate of first home to 3.8% at lowest.

 

*Jan 31st Block Trade

*Block Trade Info

*Discount

- Yunda Holding Co. (002120 CH）saw 2 block trades worth 66mn at 14.33 yuan per share, 3.04 discount from last closing.

- Yunda Tech Co. (300440 CH) saw 3 block trades worth 59mn at 6.74 yuan per share, 7.16 discount from last closing.

- Yealink Network (300628 CH) saw 4 block trades worth 51mn at 58.7 yuan per share, 4.05 discount from last closing.

- Yiheda Auto (301029 CH) saw 5 block trades worth 215mn at 64.1 yuan per share, 0.56 discount from last closing.

- Trina Solar Co.(300207 CH) saw 3 block trades worth 30mn at 71.61 yuan per share, -0.76-0.88 discount from last closing.

- Great Power Energy (300438CH）saw 1 block trade worth 49mn at 60.26 yuan per share, 20.75 discount from last closing.

- Lepu Medical Tech (300003 CH) saw 4 block trades worth 291mn at 22.28 yuan per share, 0.00-0.63 discount from last closing.

 

 

*Margin Trade

 

*Connection Trade

 

*Index Futures

*Index Options

 

*Treasury Futures

 

*Night Session Commodities Market (As of 02:30 am)

 

Commodities (night session):

* Global crude oil price closed up collectively. March NYMEX contract up 1.45% to closed at $ 79.03/b, April Brent contract up 1.17% to closed at $ 85.49/b. INE crude oil active contract up 0.84% to 552 yuan/b.

* Precious metals closed up collectively. COMEX gold contract up 0.24 % to closed at $ 1943.8/oz. SHFE gold active contract up 0.21% to closed at 422.02 yuan/gram.

* Metals closed mixed. LME nickel up 4.08%, LME aluminum up 2.26%, LME copper up 0.75%. LME zinc down 1.28% on the contrast, LME lead down 1.02%, LME tin down 0.87%. SHFE nickel up 1.30%, SHFE aluminum up 1.16%, SHFE lead down 0.69% on the contrast.

* Commodity futures closed up mostly. Energy & chemistry futures saw strong performance, soda ash up 2.18%, bitumen up 1.64%, EB up 1.08%, PTA up 1.01%. Black series closed down collectively, coking coal down 1.96%, coke down 1.58%. Agricultural products went down mostly, RBD palm olein down 1.48%.

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